12.14.21
Following the recent successful merger between Arjobex and MDV, suppliers of specialty label facestock, packaging and advertising signage substrates, the new group has adopted the name Polyart.
This move has been made to further support its global brand, strengthen new objectives and accelerate the company's international development.
Polyart uses the fundamentals and common denominators of each company in the group: versatility, agility and the art of designing innovative solutions.
Polyart offers film and paper solutions for the industrial label market (chemical, food, horticulture, pharmaceutical, etc.), as well as decorative (wine, sprits and beverages in particular) and security (brand protection, with a global market that is growing by 10% annually). Polyart also provides products for digital printing, the display market and custom coating.
Polyart achieved 20% growth in 2021 to reach more than 70 million euros in turnover, of which 70% is in Europe, 20% in the United States and 10% in Asia. Building on this growth, the European-based supplier intends to continue consolidating the sector with the support of its shareholders, Prudentia Capital and Indigo Capital. Polyart will accelerate its development in the United States, where it has a production site in Charlotte, NC, and expand into Asia with the opening of a subsidiary in India in early 2022.
"The recent merger has enabled significant operational and industrial synergies, as well as valuable international support. In 2022, we aim to develop significant commercial synergies by leveraging the group’s global sales network. Polyart is now a cohesive group, solidly equipped to establish itself in growing markets ," explains Stéphane Daveau, CEO of Polyart.
Thanks to its new technologies, Polyart intends to accelerate the deployment of its sustainable and long-lasting solutions for all of its customers, distributors, converters and printers. Fiberskin (recyclable paper for short-term outdoor applications) and r-Polyart (recycled HDPE plastic film) are recent examples.
“This is an important commitment for us. Polyart is a committed solutions provider to facilitate recycling and the circular economy. This virtuous model was recently certified by Ecovadis,” concludes Daveau.
This move has been made to further support its global brand, strengthen new objectives and accelerate the company's international development.
Polyart uses the fundamentals and common denominators of each company in the group: versatility, agility and the art of designing innovative solutions.
Polyart offers film and paper solutions for the industrial label market (chemical, food, horticulture, pharmaceutical, etc.), as well as decorative (wine, sprits and beverages in particular) and security (brand protection, with a global market that is growing by 10% annually). Polyart also provides products for digital printing, the display market and custom coating.
Polyart achieved 20% growth in 2021 to reach more than 70 million euros in turnover, of which 70% is in Europe, 20% in the United States and 10% in Asia. Building on this growth, the European-based supplier intends to continue consolidating the sector with the support of its shareholders, Prudentia Capital and Indigo Capital. Polyart will accelerate its development in the United States, where it has a production site in Charlotte, NC, and expand into Asia with the opening of a subsidiary in India in early 2022.
"The recent merger has enabled significant operational and industrial synergies, as well as valuable international support. In 2022, we aim to develop significant commercial synergies by leveraging the group’s global sales network. Polyart is now a cohesive group, solidly equipped to establish itself in growing markets ," explains Stéphane Daveau, CEO of Polyart.
Thanks to its new technologies, Polyart intends to accelerate the deployment of its sustainable and long-lasting solutions for all of its customers, distributors, converters and printers. Fiberskin (recyclable paper for short-term outdoor applications) and r-Polyart (recycled HDPE plastic film) are recent examples.
“This is an important commitment for us. Polyart is a committed solutions provider to facilitate recycling and the circular economy. This virtuous model was recently certified by Ecovadis,” concludes Daveau.